Important information:• The Fund invests mainly in Eurozone equities, Euro-denominated fixed income securities and other related investments.• The Fund is subject to higher concentration risk and may be more susceptible to political, economic, foreign exchange, legal and regulatory

events affecting the Eurozone.• Investments of the Fund may include investment grade, non-investment grade and unrated bonds. Non-investment grade and unrated

bonds are generally subject to lower liquidity, higher volatility and greater risk of loss of principal and interest than higher-rated bonds.• For certain classes of the Fund, the Fund may pay dividends out of capital or pay dividends gross of expenses. Investors should note that

the payment of dividends out of capital or effectively out of capital represents a return or withdrawal of part of the amount they originallyinvested or from any capital gains attributable to the original investment. Such distributions may result in an immediate decrease in the netasset value of the Fund.

• The Fund’s investments may involve substantial credit/default, downgrading, currency, volatility and political risks. Investors may suffersubstantial loss of their investments in the Fund.

• Unit trusts are NOT equivalent to time deposits. Investors should not invest in the Fund solely based on the information provided in thisdocument and should read the offering document of the Fund for details. This document does not constitute an offering document.

HSBC Collective Investment Trust – HSBC Euro Multi-Asset Income Fund

HSBC Global Asset Management is one of the largest multi-asset managers globally, with USD48.3 billion managed by multi-asset strategies4

Our Paris-based award-winning team for European multi-asset investment has a long track record in both European equity and credit markets

Managed by an award-winning team4

Eurozone equity market valuations look attractive, especially compared with US equities, given the ECB’s accommodative policy

Credit quality is higher in the Eurozone compared to the US, default rates in the Eurozone are now below their long-term average and are expected to stay low due to ECB’s easing policy and robust fundamentals

Euro corporates are less sensitive to oil prices than US corporates as low exposure to the energy sector in Euro credit reference indices

Price to book ratio* over 10-years2

Valuations of European assets look attractive

2

Why consider HSBC Euro Multi-Asset Income Fund?

Source: 1. Bloomberg, HSBC Global Asset Management (France), as at 27 November 2015. Any forecast, projection or target where provided is indicative only and is not guaranteed in any way. HSBC Global Asset Management (France) accepts no liability for any failure to meet such forecast, projection or target. 2. FactSet Market Aggregates, as at September 2015. 3. HSBC Global Asset Management (France), from 31 January 1990 to 30 November 2015. For illustrative purposes only. 4. HSBC Global Asset Management, as of 30 September 2015.

3 Enjoy diversification and potential income through multi-asset approach

The Fund provides an option to Asian investors who seek to benefit from opportunities in the Eurozone market, while diversifying their Asia-centric investments which are more sensitive to the US cycle and China outlook

The multi-asset approach helps capture opportunities in different phases of the economic cycle

Through investing in Euro bonds and Eurozone equities, the Fund targets to offer potential income stream

Correlation between Eurozone, Asian and US assets3

1 Eurozone, one of the most attractive developed markets in 2016

While the Fed is likely to gradually hike rates in the coming year, putting US corporates under pressure, the Europe Central Bank (ECB) is committed to supporting the Eurozone economy

Economic Growth in the Eurozone is expected to pick up in 2016 as companies and households are benefiting from accommodative monetary policy, gradually improving credit conditions, fading fiscal drags and lower oil prices; the cyclical recovery in Europe is supportive for equity and credit markets

Central banks total asset size1

*Price to Book ratio used to compare a stock’s market value to its book value. It is calculated by dividing the current closing price of the stock by the latest quarter’s book value per share.

Le Revenu 2015Gold Trophy over 3-year

Multi-Asset Defensive Strategy

Multi-Asset Fund Range

2015 Lipper Fund Awards for Excellence, France Best Fund over 5 and 10 years

US$ bn € bn

0

500

1,000

1,500

2,000

2,500

3,000

3,500

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

2007 2008 2009 2010 2011 2012 2013 2014 2015

20152014201320122011201020092008200720062005

2016 Forecast

0.5

1.0

1.5

2.0

2.5

3.0

3.5

European Economic and Monetary Union

Asia ex Japan

ECB (RHS) Federal Reserve (LHS)

US Japan

EuroInvestment GradeCorporate Bonds

EurozoneEquities

EuroHigh Yield

Corporate Bonds

US 60% 80% 90%

Asia ex Japan 60% 60% 80%

THOMSON REUTERSLIPPER FUND AWARDS 2015

FRANCE

Investment objectivesThe Fund aims to provide income and moderate capital growth through a diversified portfolio of Eurozone equities, Euro-denominated fixed income securities as well as money market instruments, cash instruments and collective investment schemes that invests in Eurozone securities.

Source: 5. Indicative portfolio as at 30 November 2015. The portfolio details are for illustration purposes only and the actual universe and allocation may differ.

Investment involves risk. Please refer to the offering document for further details including the risk factors. The document has not been reviewed by the Securities and Futures Commission.

The document is prepared for general information purposes only. All views expressed cannot be construed as an offer or recommendation by HSBC Global Asset Management (Hong Kong) Limited (“AMHK”). AMHK and HSBC Group shall not be held liable for damages arising out of any person's reliance upon this information. Any person considering an investment should seek independent advice on the suitability or otherwise of the particular investment.

Issued by HSBC Global Asset Management (Hong Kong) Limited

Suitable investors

Investors who seek exposure to Euro assets including equities and fixedincome

Potential risks

Investment risk: the Fund is an investment fund. There is no guaranteethat the Fund’s investment objective can be achieved

Geographical concentration risk: the Fund invests primarily in theEurozone which involves higher concentration risks

Eurozone risk: in light of ongoing concerns on the sovereign debt risk ofcertain countries within Eurozone, the Fund’s investments in the regionmay be subject to higher volatility, liquidity, currency and default risks

Equity securities risk: if the market value of equity securities in whichthe Fund invests in goes down, its net asset value may be adverselyaffected, and investors may suffer substantial losses. Investors may notget back the amount they initially invested in the Fund

Risks relating to debt securities: the Fund is subject to credit risk,downgrading risk, interest rate risk, liquidity risk, valuation risk, creditrating risk and sovereign debt risk

Risks relating to non-investment grade and unrated bonds: investmentsof the Fund may include investment grade, non-investment grade andunrated bonds. Non-investment grade and unrated bonds are generallysubject to lower liquidity, higher volatility and greater risk of loss ofprincipal and interest than higher-rated bonds

Other risks: risks of investing in other funds, risks relating to hedgingand the Hedged Classes of Units, currency conversion risk for RMBdenominated classes, derivative risk and risks associated withdistribution of capital

Fund details

7-18 March 2016

18 March 2016

AM-EUR / AMH-AUD / AMH-CAD /

AMH-HKD / AMH-NZD / AMH-RMB / AMH-USD

EUR

EUR / AUD / CAD / HKD / NZD / RMB / USD

EUR10.554 / AUD10.554 / CAD10.554 /

HKD10.554 / NZD10.554 / RMB10.554 /

USD10.554

(includes a sales charge of 5.25% of the initial offer price)

Initial offer period

Launch date

Share class

Base currency

Share class currency

Initial offer price

www.assetmanagement.hsbc.com/hk

EUR1,000 / AUD1,500 / CAD1,000 /

HKD10,000 / NZD1,500 / RMB10,000 / USD1,000

1.25% per annum

0.1% per annum (charged on the NAV of the relevant Hedged class)

1%

Daily

Monthly, if any

Mathieu Guillemet

HSBC Global Asset Management (Hong Kong) Limited

HSBC Global Asset Management (France)

Minimum investment

Management fee

Hedging fee

Switching fee

Dealing

Dividend policy#

Lead fund manager

Investment adviser

Sub-investment adviser

# Dividend is not guaranteed and may be paid out of capital which will result in capital erosion and reduction in net asset value. Any change to such a dividend policy is subject to the SFC’s approval and prior investor notification. Composition of the latest dividends is available from HSBC Global Asset Management on request and also on its website.

Indicative portfolio (as at 30 November 2015)5

Germany 13.1%

France 19.4%

Netherlands 8.8%

Finland 4.8%

Spain 11.4%

Luxembourg 4.4%

Ireland 1.1%Greece 0.9%Portugal 0.2%

Austria 2.6%

Italy 8.0%

Others 14.0%

Eurozone Equity45%

Euro Investment Grade Bond

20%

Euro High Yield Bond20%

Euro Government Bond15%

Asset allocation

Country allocation

Belgium 11.2%

Product Key Facts Explanatory Memorandum